RE: Games / BROKER QUESTIONI don't have a margin account set up yet.. only on TFSA at the moment..
I was wondering can brokers buy shares first from their customers? meaning Say i am with questrade and my margin calls are going to be activated soon if the price falls, i am assuming questrade knows i would have to put in more $$ or sell my shares.. Can questrade intentionally drop the SP (sell their shares for cheaper) in order to get my margin calls and force me to put my shares on the block and them buying it all out?
Not sure how exactly it works..someone kind enough to explain?
thanks.
Ap3